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09-03-2020, 01:08 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Green (https://www.autoblog.com/category/green-auto-news/),Tesla (https://www.autoblog.com/tesla),Electric (https://www.autoblog.com/category/electric/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-03/b98a0aa0-62d1-11ea-bbef-64e3001a86ff Market analysts and traders called it a near-term profit-taking, triggered by the company's plan to raise $5 billion from the market and the stake sale by the second largest shareholder Baillie Gifford, in a stock that has surged fivefold in 2020. Meanwhile, Edinburgh-based Baillie Gifford told Herald Scotland the investment firm remains a "strong supporter" of Tesla, but had to sell its passive stake due to norms that limit the weight of a stock in clients' portfolios. Gifford cut its stake tContinue reading Tesla retreats for third day as investors cash in on gains (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/)
Tesla retreats for third day as investors cash in on gains (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 3 Sep 2020 14:58:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/) | Email this (https://www.autoblog.com/forward/2261544/) | Comments (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-03/b98a0aa0-62d1-11ea-bbef-64e3001a86ff Market analysts and traders called it a near-term profit-taking, triggered by the company's plan to raise $5 billion from the market and the stake sale by the second largest shareholder Baillie Gifford, in a stock that has surged fivefold in 2020. Meanwhile, Edinburgh-based Baillie Gifford told Herald Scotland the investment firm remains a "strong supporter" of Tesla, but had to sell its passive stake due to norms that limit the weight of a stock in clients' portfolios. Gifford cut its stake tContinue reading Tesla retreats for third day as investors cash in on gains (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/)
Tesla retreats for third day as investors cash in on gains (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 3 Sep 2020 14:58:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/) | Email this (https://www.autoblog.com/forward/2261544/) | Comments (https://www.autoblog.com/2020/09/03/tesla-stock-price-declines/#comments)
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